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Pepsi Just Made a $1.2 Billion Acquisition of Something That Has Nothing to Do With Carbonated BeveragesAfter 10 years in business, the Garza family sold their company Siete Foods to PepsiCo (NASDAQ: PEP) for a cool $1.2 billion.
PepsiCo (PEP) , which owns popular food and drink brands such as Pepsi, Lay’s, Gatorade, Tostitos, and many others, recently ...
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PepsiCo has completed its acquisition of Mexican-American food brand Siete Foods for $1.2bn. As FoodBev reported when the acquisition was first announced in October 2024, the move aims to enhance ...
We recently published a list of 12 Best FMCG Stocks To Buy According to Hedge Funds. In this article, we are going to take a ...
Pepsi also announced its 53rd consecutive dividend raise, pole-vaulting its forward dividend yield to 4%. Throw in a mere ...
PepsiCo acquired several better-for-you food brands at the end of 2024. Last month, PepsiCo closed its acquisition of Austin co-op Siete Foods in a deal worth $1.2 billion to expand its ...
Rising consumer demand for fewer empty calories is pushing the snack and beverage giant to offer options with less sodium, ...
PepsiCo Inc (NASDAQ:PEP) shares are trading lower in premarket on Tuesday after the company reported worse-than-expected ...
The acquisition of Siete Foods dovetails nicely with Pepsi's November acquisitions of Sabra and Obela. Pepsi had already owned half of both joint ventures but moved to acquire the rest ...
The growing Siete brand is the latest in a line of PepsiCo acquisitions that include PopCorners, Bare, Stacy's Pita Chips, and most recently, Sabra. PepsiCo will further expand Siete’s portfolio of ...
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